Equity Method Investments and Related-Party Transactions (Tables)

12 Months Ended

Mar. 31, 2020

Equity Method Investments And Related Party Transactions [Abstract]

The Difference Between Carrying Value of Investment in Euro Infrastructure Co. and Proportionate Share of Net Assets of Euro Infrastructure Co. and Summary of Condensed Financial Information of Significant Non-consolidated Equity Method Investment

The difference between the Company’s carrying value of its investment in Euro Infrastructure Co. and its proportionate share of the net assets of Euro Infrastructure Co. as of March 31, 2020 and 2019 is summarized as follows:

	As of March 31, 2020			As of March 31, 2019
	(In thousands)
Carrying value of investment in Euro Infrastructure Co.	$	160,204		$	160,711
Less: proportionate share of net assets of Euro Infrastructure Co.		144,769			145,016
Excess carrying value of investment over proportionate share of net assets	$	15,435		$	15,695
The excess carrying value has been primarily assigned to:
Goodwill	$	21,777		$	22,476
Identifiable intangible assets		8,799			10,670
Tangible assets		(16,142	)		(18,522	)
Deferred income taxes		1,001			1,071
	$	15,435		$	15,695

Condensed financial information of the Company’s significant non-consolidated equity method investment in Euro Infrastructure Co. is shown below with amounts presented under GAAP:

	Fiscal Years Ended
	December 31, 2019		December 31, 2018		December 31, 2017
	(In thousands)
Total revenues	$	69,559	$	81,299	$	70,477
Gross profit		52,653		57,941		49,579
Income from continuing operations		8,869		6,684		3,575
Net income		8,869		6,684		3,575
Net income attributable to Euro Infrastructure Co.		4,523		3,409		1,823

	As of December 31, 2019		As of December 31, 2018
	(In thousands)
Current assets	$	129,928	$	110,464
Noncurrent assets		211,619		226,194
Total assets	$	341,547	$	336,658
Current liabilities	$	16,066	$	16,335
Noncurrent liabilities		30,259		24,608
Noncontrolling interest		144,659		144,900
Total equity		295,222		295,715
Total liabilities and equity	$	341,547	$	336,658

Schedule of Related Party Transactions

The following tables set forth the material related-party transactions entered into between Euro Infrastructure Co. and its subsidiaries, on the one hand, and the Company and its subsidiaries, on the other hand, in the ordinary course of business for the time periods presented:

	Fiscal Years Ended
	March 31, 2020		March 31, 2019		March 31, 2018
	(In thousands)
Revenue – Euro Infrastructure Co.	$	9,993	$	8,365	$	9,277
Expense – Euro Infrastructure Co.		18,854		14,302		7,134
Cash received – Euro Infrastructure Co.		12,848		11,276		7,460
Cash paid – Euro Infrastructure Co.		13,463		15,191		7,040

	As of March 31, 2020		As of March 31, 2019
	(In thousands)
Collections in excess of revenues and deferred    revenues – Euro Infrastructure Co.	$	5,832	$	4,703
Accounts payable - Euro Infrastructure Co.		5,446	*

* Amount was insignificant.